Ethereum Name Service (ENS) DAO has selected Karpatkey to manage its endowment fund.
58% voted for Karpatkey, while 43% chose the “None of the above” option.
Karpatkey will start managing $52 million of ENS treasury in various decentralized finance protocols. $69 million will be managed later.
Ethereum Name Service’s (ENS) decentralized autonomous organization (DAO) has chosen a fund manager to manage its treasury.
In a vote that started on November 18 and ended on November 23, the DAO voters chose from three fund managers. They were Avantgarde, Karpatkey, and Llama. Almost 58% voted for Karpatkey DAO, a decentralized finance wealth management organization.
Karpatkey was the first choice for ENS co-founder Alex Van de Sande (avsa.eth, 172,000 ENS), Rotkiapp founder Lefteris Karapetsas (lefteris.eth, 166,000 ENS), and wallet provider imToken (imtoken.eth, 152,000 ENS). ENS Labs co-founder and current CEO Nick Johnson (nick.eth, 185,000 ENS) voted for Avantgarde.
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